The Dimensions of Enterprise Innovation and Selected Trends on the Food Market Cover Image

The Dimensions of Enterprise Innovation and Selected Trends on the Food Market
The Dimensions of Enterprise Innovation and Selected Trends on the Food Market

Author(s): Elżbieta Goryńska-Goldmann
Subject(s): Business Economy / Management, Human Rights and Humanitarian Law, Labor relations, Socio-Economic Research
Published by: Polskie Towarzystwo Ekonomiczne w Zielonej Górze
Keywords: innovation; enterprises; food market; consumers trends

Summary/Abstract: Changes are occurring in the food market which are shaping the new face of enterprises that operate in that market. The boom of the food sector in Poland, as well as its expansion, is noticeable due to its innovation, among other things. Specific challenges faced by modern enterprises in the food market come from technological, economic and social spheres. The effect of those achievements are innovations which are the consequences of transformations taking place in the area of products, processes, marketing and organizational activities. Innovations are helping create new products, processes, marketing and promotion activities. Product innovations should be recognized as a leading direction of innovation development in the food industry. In that context, the direction of changes in consumption should be considered an important issue and one that requires further observation. The key role of enterprises involved in the food market is a skillful recognition of needs raised by consumers as well as specific segments and their satisfaction. Entrepreneurs should be aware that knowledge of the market and of consumers decreases the risk of misunderstanding customer needs and increases the chances of success. Leading directions of innovation include low-processed and prohealth products. The sector of functional convenience food is growing rapidly. There are also proposals for products that meet specific needs raised by consumers relating to their diet or lifestyle choices. Trends determine the development of innovation. We can be sure the supply of new products will never run out because the desire to differentiate from other producers, and fulfill the expectations, requirements and demands of their consumers will be an inspiration for their development.

  • Issue Year: 4/2017
  • Issue No: 6_EN
  • Page Range: 34-45
  • Page Count: 12
  • Language: English